Les Wexner Gives Up Control of Victoria’s Secret

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L Brands founder Leslie Wexner is stepping down as CEO and chairman as the company confirms plans to sell a controlling stake in Victoria's Secret

Les Wexner’s decision to part ways with Victoria’s Secret is an admission that the 82-year-old billionaire couldn’t revive the fortunes of a troubled lingerie brand he had built around shopping malls and sex appeal.

On Thursday, he agreed to sell a controlling stake in the chain to Sycamore Partners for $525 million and step down from his roles as chairman and chief executive of its parent company, L Brands Inc. The Wall Street Journal had previously reported on the moves.

 

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Boycott anything this person is involved in. He was friends with Epstein.

It's dead already.

He's still on the loose, as is Ghislaine Maxwell, despite being Epstein's accomplices. Justice will never be done.

Finally

He plans to spend more time with his family. By which I mean sex slaves

Seen enough.

Maybe he should be arrested for pimping out models with epstein

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